05.07.2009

In the public sector, a conflict of interest represents a situation in which a public or private official’s decisions are influenced by the official’s personal interests. A conflict of interest that could prevent an entity from participating in a tender could arise because the entity is already involved in another link of the chain of the same field. For instance of an entity is natural gas producer in Israel he may be prevented, due to a conflict of interest clause, from participating in a tender for the selection of standards in the natural gas sector

Subsea pipelines are coated with reinforced concrete so as to ballast and protect them from damage and corrosion. Concrete weight coating systems provide the following advantages: sub-sea stability, prevention of damage by ship’s anchors, no need for trenching of the pipeline and requires less steel

Concentrated photovoltaic uses mirrors and lenses to direct an increased amount of energy on smaller solar panes which can be made from low cost materials such as glass or aluminum, thus avoiding the use of silicon a commodity that can be subject to shortages that keep panel prices high. This technology is due to grow from less than 10 megawatts of generation capacity worldwide in 2008 to as much as six gigawatts by 2020.

Compliant towers are much like fixed platforms. They consist of a narrow tower, attached to a foundation on the seafloor and extending up to the platform. This tower is flexible, as opposed to the relatively rigid legs of a fixed platform. This flexibility allows it to operate in much deeper water, as it can ‘absorb’ much of the pressure exerted on it by the wind and sea. Despite its flexibility, the compliant tower system is strong enough to withstand hurricane conditions. Suitable for 1,500 – 3,000 feet

Refers to a type of bilateral contract arrangement in which an energy producer or seller receives a fixed price for energy plus an adjustment value to cover any differences between the agreed-upon fixed price and the actual market price of the energy at the time it is delivered. CfD energy prices are usually set low to insure that the energy is bought, but both buyer and seller run risks of high or low spot prices at the time the energy is delivered.

Typically, in an LNG contract this is a period of twelve consecutive months beginning on the first day of October and ending on the thirty-first day of September. The October-September year allows buyers to avoid the risk of supply disruption that would follow from a supply contract expiring in the middle of winter in the northern hemisphere. Nevertheless, “contract year” in some new LNG contracts has also been specified as running from the first day of January until the thirty first day of December